Tian Ruixiang Holdings Ltd's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2024 to a ratio of 1.38, above the company average. This is a clear sign of healthy business climate in the Insurance Brokerage industry and improving liquidity at their respective customers, during the fourth quarter 2024. Average receivable collection period, for the Tian Ruixiang Holdings Ltd in Oct 31 2024 quarter, has decreased to 264 days, compared to 380 days, in the 0 quarter.

If we take a look into Financial sector 76 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 2030, from overall ranking in the third quarter 2024 at 3179.

What is Receivable Turnover Ratio?
What is Tian Ruixiang Holdings Ltd Selling?

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

TIRX Receivables Turnover Ratio	(Oct 31 2024) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Oct 31 2023) IV. Quarter
Y / Y Receivable Change	221.57 %	19.28 %	7399.38 %	-84.33 %	7399.38 %
Y / Y Revenue Change	98.37 %	-	-	-	10.63 %
Receivable Turnover Ratio (TTM)	1.38	0.96	1.08	1.33	1.31
TIRX's Total Ranking	# 2030	# 3179	# 0	# 0	# 137
Accounts Receivable average collection period days	265	379	339	275	279
Seq. Receivable Change	-14.56 %	276.39 %	7825.33 %	-98.74 %	-68.31 %
Seq. Revenue Change	-	-	-	-	-

Receivable Turnover Company Ranking
Within:	No.
Insurance Brokerage Industry	# 11
Financial Sector	# 77
Overall Market	# 2030

Receivable Turnover Ratio Statistics
High	Average	Low
0.55	0.24	0.05
(Oct 31 2024)		(Oct 31 2022)

TIRX Company Profile • Back to TIRX Efficiency Comparisons • Compare TIRX Receivables Turnover Ratio to its Competitors

Financial Statements
Tian Ruixiang Holdings Ltd's Accounts Receivable	$ 5 Millions	Visit TIRX's Balance sheet
Tian Ruixiang Holdings Ltd's Sales TTM	$ 4 Millions	Visit TIRX's Income Statement
Sources of TIRX's Revenues		Visit TIRX's Sales by Geography

Other Accounts Receivable Turnover Ratios
Insurance Brokerage Industry Accounts Receivable Turnover Trends and Statistics
Financial Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
TIRX's Receivable Turnover Ratio versus Insurance Brokerage Industry, Financial Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
TIRX's Growth Rates	TIRX's Roa	TIRX's Inventory Turnover Ratio	TIRX's Dividend Comparisons
TIRX's Profitability Ratios	TIRX's Roi	TIRX's Asset Turnover Ratio	TIRX's Dividend Growth
TIRX's Valuation Ratios	TIRX's Roe	TIRX's Financial Strength Ratios	TIRX's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Oct 31 2024, within Financial Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Oct 31 2024	Receivable at quarter ending Oct 31 2024
Hippo Holdings Inc	2.14	$ 334.700 Millions	$ 156.050 Millions
Hashdex Commodities Trust	2.11	$ 69.628 Millions	$ 33.075 Millions
Ewsb Bancorp inc	1.99	$ 4.466 Millions	$ 2.243 Millions
Bluerock Homes Trust inc	1.78	$ 46.907 Millions	$ 26.401 Millions
Netcapital Inc	1.77	$ 1.703 Millions	$ 0.963 Millions
Loews Corp	1.73	$ 17,222.000 Millions	$ 9,958.000 Millions
Ha Sustainable Infrastructure Capital Inc	1.58	$ 368.883 Millions	$ 233.588 Millions
Cohen and Co Inc	1.47	$ 95.521 Millions	$ 65.047 Millions
Hilltop Holdings Inc	0.84	$ 1,169.826 Millions	$ 1,391.363 Millions
Tian Ruixiang Holdings Ltd	0.76	$ 3.920 Millions	$ 5.161 Millions
Man Ahl Diversified I Lp	0.52	$ 9.419 Millions	$ 18.257 Millions
Schwab Charles Corp	0.26	$ 18,736.000 Millions	$ 72,503.750 Millions
Nexpoint Real Estate Finance Inc	0.21	$ 67.887 Millions	$ 322.113 Millions

Date modified: 2026-09-18T13:11:05+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.